In an open letter, Altimeter Capital founder and CEO Brad Gerstner encourages Meta to cut capex by $5B+, cut headcount by 20%+, limit metaverse R&D to $5B/year (Brad Gerstner/@altcap)

Brad Gerstner / @altcap: In an open letter, Altimeter Capital founder and CEO Brad Gerstner encourages Meta to cut capex by $5B+, cut headcount by 20%+, limit metaverse R&D to $5B/year  —  As you know, we are long-term shareholders.  Despite public skepticism — at times warranted — we have been supporters …

Oct 24, 2022 - 19:02
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In an open letter, Altimeter Capital founder and CEO Brad Gerstner encourages Meta to cut capex by $5B+, cut headcount by 20%+, limit metaverse R&D to $5B/year (Brad Gerstner/@altcap)

Brad Gerstner / @altcap:
In an open letter, Altimeter Capital founder and CEO Brad Gerstner encourages Meta to cut capex by $5B+, cut headcount by 20%+, limit metaverse R&D to $5B/year  —  As you know, we are long-term shareholders.  Despite public skepticism — at times warranted — we have been supporters …

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